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Apex Receives Preliminary Analytical Results of Lithium Brine Discovery from the Lithium Creek Project

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Apex Resources Inc. (TSXV: APX) has received preliminary analytical results from shallow groundwater samples collected at its Lithium Creek Project in Churchill County, Nevada. The results provide compelling evidence of a large lithium-enriched brine aquifer at the project site. Samples were collected from shallow hand-dug auger holes excavated 1-2 meters below ground surface throughout the project area.

Ron Lang, CEO of Apex Resources, expressed enthusiasm about the high lithium concentrations found in the samples, stating that it supports the company's mission to explore for a potential new, district-scale lithium brine reservoir in the United States. The company plans to use this data to support the continued development of its geological model.

The sampling was conducted by a third-party consulting geologist from Applied Hydrologic in Reno, Nevada, following their sampling and analytical work plan. Apex will be attending the Nevada Lithium Summit 2024 from September 29-30 to profile the company and its lithium brine discovery.

Apex Resources Inc. (TSXV: APX) ha ricevuto i risultati analitici preliminari da campioni di acque sotterranee superficiali raccolti presso il suo Lithium Creek Project nella contea di Churchill, Nevada. I risultati forniscono prove convincenti di un grande acquifero di brine arricchita di litio nel sito del progetto. I campioni sono stati prelevati da fori scavati a mano a una profondità di 1-2 metri sotto la superficie del suolo in tutta l'area del progetto.

Ron Lang, CEO di Apex Resources, ha espresso entusiasmo riguardo alle elevate concentrazioni di litio trovate nei campioni, affermando che ciò sostiene la missione dell'azienda di esplorare un potenziale nuovo reservoir di brine di litio su scala distrettuale negli Stati Uniti. L'azienda prevede di utilizzare questi dati per supportare lo sviluppo continuo del suo modello geologico.

Il campionamento è stato condotto da un geologo consulente di terza parte di Applied Hydrologic a Reno, Nevada, seguendo il loro piano di lavoro per il campionamento e l'analisi. Apex parteciperà al Nevada Lithium Summit 2024 dal 29 al 30 settembre per presentare l'azienda e la sua scoperta di brine di litio.

Apex Resources Inc. (TSXV: APX) ha recibido resultados analíticos preliminares de muestras de agua subterránea superficial recogidas en su Proyecto Lithium Creek en el condado de Churchill, Nevada. Los resultados proporcionan evidencias convincentes de un gran acuífero de salmuera enriquecida en litio en el sitio del proyecto. Las muestras fueron recolectadas de agujeros excavados a mano a 1-2 metros por debajo de la superficie del suelo en toda el área del proyecto.

Ron Lang, CEO de Apex Resources, expresó su entusiasmo por las altas concentraciones de litio encontradas en las muestras, afirmando que respaldan la misión de la compañía de explorar un potencial nuevo reservorio de salmuera de litio a escala distrital en los Estados Unidos. La compañía planea utilizar estos datos para apoyar el desarrollo contínuo de su modelo geológico.

El muestreo fue realizado por un geólogo consultor de Applied Hydrologic en Reno, Nevada, siguiendo su plan de trabajo de muestreo y análisis. Apex asistirá al Nevada Lithium Summit 2024 del 29 al 30 de septiembre para perfilar la empresa y su descubrimiento de salmuera de litio.

Apex Resources Inc. (TSXV: APX)는 네바다주 처칠 카운티에 있는 리튬 크릭 프로젝트에서 수집한 얕은 지하수 샘플에 대한 예비 분석 결과를 수신했습니다. 결과는 해당 프로젝트 부지에서 대규모 리튬이 풍부한 염수 대수층에 대한 강력한 증거를 제공합니다. 샘플은 프로젝트 지역 전역에서 지표면 아래 1-2미터 깊이로 손으로 파서 만든 구멍에서 수집되었습니다.

Apex Resources의 CEO 론 랭(Ron Lang)은 샘플에서 발견된 높은 리튬 농도에 대해 열정을 표현하며, 이는 미국에서 새로운 지역 규모의 리튬 염수 저수지를 탐색하려는 회사의 임무를 지지한다고 말했습니다. 회사는 이 데이터를 활용하여 지질 모델의 지속적인 개발을 지원할 계획입니다.

샘플링은 네바다주 리노의 Applied Hydrologic 소속 제3자 자문 지질학자에 의해 그들의 샘플링 및 분석 작업 계획에 따라 수행되었습니다. Apex는 9월 29일부터 30일 사이에 열리는 네바다 리튬 서밋 2024에 참석하여 회사 및 리튬 염수 발견을 소개할 예정입니다.

Apex Resources Inc. (TSXV: APX) a reçu des résultats analytiques préliminaires d'échantillons d'eaux souterraines peu profondes prélevés sur son projet Lithium Creek dans le comté de Churchill, au Nevada. Les résultats fournissent des preuves convaincantes d'un grand aquifère de saumure enrichi en lithium sur le site du projet. Les échantillons ont été prélevés dans des trous forés à la main, excavés à 1-2 mètres sous la surface du sol dans toute la zone du projet.

Ron Lang, PDG d'Apex Resources, a exprimé son enthousiasme quant aux fortes concentrations de lithium trouvées dans les échantillons, affirmant que cela soutient la mission de l'entreprise d'explorer un potentiel nouveau réservoir de saumure de lithium à une échelle districtale aux États-Unis. L'entreprise prévoit d'utiliser ces données pour soutenir le développement continu de son modèle géologique.

L'échantillonnage a été effectué par un géologue consultant tiers d'Applied Hydrologic à Reno, Nevada, conformément à leur plan de travail d'échantillonnage et d'analyse. Apex participera au Nevada Lithium Summit 2024 du 29 au 30 septembre pour présenter la société et sa découverte de saumure de lithium.

Apex Resources Inc. (TSXV: APX) hat vorläufige analytische Ergebnisse von flachen Grundwassermustern erhalten, die im Lithium Creek Projekt im Churchill County, Nevada, gesammelt wurden. Die Ergebnisse liefern überzeugende Hinweise auf ein großes lithiumreiches Sole-Aquifer auf dem Projektgelände. Die Proben wurden aus flachen, von Hand gegrabenen Bohrlöchern entnommen, die 1-2 Meter unter der Erdoberfläche im gesamten Projektgebiet ausgegraben wurden.

Ron Lang, CEO von Apex Resources, äußerte seine Begeisterung über die hohen Lithiumkonzentrationen in den Proben und erklärte, dass dies die Mission des Unternehmens unterstützt, ein potenzielles neues lithiumhaltiges Sole-Reservoir auf Distriktgröße in den Vereinigten Staaten zu erkunden. Das Unternehmen plant, diese Daten zu nutzen, um die fortlaufende Entwicklung seines geologischen Modells zu unterstützen.

Die Probenahme wurde von einem externen Beratungsgeologen von Applied Hydrologic aus Reno, Nevada, gemäß ihrem Arbeitsplan für Probenahme und Analyse durchgeführt. Apex wird am Nevada Lithium Summit 2024 vom 29. bis 30. September teilnehmen, um das Unternehmen und seine Entdeckung von Lithiumsole zu präsentieren.

Positive
  • Preliminary results show high concentrations of lithium in groundwater samples
  • Evidence of a large lithium-enriched brine aquifer at the Lithium Creek Project
  • Project location is approximately 35 miles from Nevada's lithium battery hub
Negative
  • None.

Vancouver, British Columbia--(Newsfile Corp. - September 27, 2024) - Apex Resources Inc. (TSXV: APX) ("Apex" or the "Company") has received preliminary analytical results of shallow groundwater samples recently collected at the Company's Lithium Creek Project (the "Project"), which provides compelling evidence of the presence of a large lithium enriched brine aquifer at the Project. Shallow hand-dug auger holes were excavated and sampled by a third-party consulting geologist from Applied Hydrologic in Reno, Nevada. Holes were excavated 1-2 meters below ground surface using hand tools throughout the Project area, from which groundwater samples were collected for lithium analysis.

Ron Lang, CEO of Apex Resources, commented, "The preliminary results of samples showing high concentrations of lithium is very encouraging, and supports our mission to explore for the potential discovery of a new, district-scale lithium brine reservoir in the United States. We will use the data to support continued development of our geological model and we are eager to receive the final results and report it as soon as available. We are also pleased to be attending the Nevada Lithium Summit 2024, in Nevada, USA, from September 29 - 30 and profiling Apex and the discovery of lithium brine at our Project."

All sample collection was directed by a Professional Geologist from Applied Hydrologic Ltd. of Reno, Nevada ("AHL") in accordance with AHL's sampling and analytical work plan for the Project. The shallow auger holes were backfilled with native material once the samples were collected.

The Lithium Creek Project is located in Churchill County, Nevada, approximately 35 miles from Nevada's lithium battery hub just outside Reno.

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 and has been reviewed and approved by Geoffrey Baldwin, PG., SME-RM., who is independent of Apex and who acts as Apex's Qualified Person.

About Apex Resources Inc.

Apex is a mineral exploration company engaged in the business of the acquisition, exploration and development of mineral resource properties. Apex has an option to acquire the Lithium Creek Property located in Churchill County, Nevada, USA and is currently conducting lithium brine exploration on the property with a view to identifying and defining drill targets with high potential to penetrate lithium brine bearing aquifers.

On Behalf of the Board of Directors of

Apex Resources Inc.

Ron Lang
President and CEO

Ph. +1(250) 212-7119 or info@apxresources.com website: www.apxresources.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term in defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS: This news release may contain forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words "expects," "plans," "anticipates," "believes," "intends," "estimates," 'projects," "potential" and similar expressions, or that events or conditions "will," "would," "may," "could" or "should" occur. These forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ materially from those reflected in the forward-looking statements, including, without limitation: risks related to fluctuations in metal prices; uncertainties related to raising sufficient financing to fund the planned work in a timely manner and on acceptable terms; changes in planned work resulting from weather, logistical, technical or other factors; the possibility that results of work will not fulfill expectations and realize the perceived potential of the Company's properties; risk of accidents, equipment breakdowns and labour disputes or other unanticipated difficulties or interruptions; the possibility of cost overruns or unanticipated expenses in the work program; the risk of environmental contamination or damage resulting from Apex's operations and other risks and uncertainties. Any forward-looking statement speaks only as of the date it is made and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/224810

FAQ

What are the preliminary analytical results from Apex Resources' Lithium Creek Project?

Apex Resources (TSXV: APX) received preliminary analytical results from shallow groundwater samples at the Lithium Creek Project, providing compelling evidence of a large lithium-enriched brine aquifer. The samples showed high concentrations of lithium.

Where is the Lithium Creek Project located?

The Lithium Creek Project is located in Churchill County, Nevada, approximately 35 miles from Nevada's lithium battery hub just outside Reno.

How were the groundwater samples collected at the Lithium Creek Project?

Shallow hand-dug auger holes were excavated 1-2 meters below ground surface using hand tools throughout the project area. Groundwater samples were then collected from these holes for lithium analysis.

What event will Apex Resources attend to profile their lithium brine discovery?

Apex Resources will be attending the Nevada Lithium Summit 2024 in Nevada, USA, from September 29-30 to profile the company and its discovery of lithium brine at the Lithium Creek Project.

APEX RESOURCES INC ORD

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